{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-23-036402","form_type":"8-K","ticker":"FIGS","cik":"0001846576","company_name":"FIGS, Inc.","filed_at":"2023-11-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:31.008222+00:00","generated_at":"2026-06-09T00:57:30.777874+00:00","sec_items":["2.02","5.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"FIGS Q3 revenue +10.7% to $142.4M, raises FY guidance, appoints former Chewy CFO to board","bullets":["Q3 net revenues $142.4M (+10.7% YoY); net income $6.1M ($0.03 diluted EPS).","Adjusted EBITDA $24.4M (17.2% margin); free cash flow $46M in Q3.","Active customers rose 19.6% to 2.6M; AOV up 1.8% to $114.","Raised FY2023 outlook: net revenue growth ~8.5%, adjusted EBITDA margin ~14%.","Appointed former Chewy CFO Mario Marte to board, effective Nov 3; joins Audit Committee."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-23-036402","json":"https://secwatch.observer/filing/0001628280-23-036402.json","markdown":"https://secwatch.observer/filing/0001628280-23-036402.md","text":"https://secwatch.observer/filing/0001628280-23-036402.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1846576/000162828023036402/0001628280-23-036402-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1846576/000162828023036402/figs-20231030.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T00:57:30.777874+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"69650cf38b1a516f68904e0147224e833424f760","claim":"FIGS, Inc. reported three and nine months ended September 30, 2023 results: revenue $142.4 million, net income $6.1 million, EPS $0.03 per diluted share. Guidance raised.","evidence_excerpt":"financial highlights presentation on its investor relations website at ir.wearfigs.com/financials/quarterly-results. Third Quarter 2023 Financial Highlights • Net revenues were $142.4 million, an increase of 10.7% year over year, driven by an increase in orders from existing and new customers and, to a lesser extent, an increase in average order value (“AOV”). • Gross","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1846576/000162828023036402/0001628280-23-036402-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three and nine months ended September 30, 2023"},{"label":"Revenue","value":"$142.4 million"},{"label":"Net income","value":"$6.1 million"},{"label":"EPS","value":"$0.03 per diluted share"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"e6170bfa32","claim":"Mario Marte was appointed as Director at FIGS, Inc..","evidence_excerpt":"On October 30, 2023, the Board of Directors (the “ Board ”) of the Company appointed Mario Marte to serve as a member of the Board, effective November 3, 2023 (the “ Effective Date ”).","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1846576/000162828023036402/0001628280-23-036402-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}